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The lobbying efforts by Pot Inc. and potential regulatory changes could boost ACB's market position, similar to past instances where legislative changes positively affected cannabis stocks.
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Pot Inc. aims to lobby against Wall Street's restrictions on banking cannabis. Banks argue Trump's EO doesn't empower them to serve recreational cannabis businesses. Finalizing the EO rests on Attorney General Pam Bondi, who opposes legalization. Nasdaq permits Canadian pot companies due to U.S. regulatory barriers. Marc Cohodes asserts banks misinterpret Trump's order, potentially impacting industry growth.
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